Professional November 2020

National Payroll Week - Future of payroll roundtable

The future of payroll roundtable

Held on the opening day of this year’s National Payroll Week celebration, the roundtable brought together payroll industry luminaries. Comments on the future of payroll from the participants will be of interest to all payroll professionals

Jason Davenport MCIPP MloD, chair, CIPP The opportunity to discuss key items with senior members of the industry was an incredibly important event to start National Payroll Week. Vickie Graham was a great host, using virtual facilities and keeping everyone engaged to ensure the meeting was both informative and the available time ran well to ensure everyone’s thoughts were included. Representatives from our National Payroll Week sponsors and CIPP partners were in attendance at the event and it provided an opportunity to consider the changing nature of the

payroll professional’s role, as well as the impact of payroll in business and its strategic value. The future of payroll roundtable has become a key marker in taking stock of the value of the profession and how the legislative landscape continues to change. So, regular continuous professional development is a key factor in any payroll, pension or reward professional’s approach to maintaining up to date knowledge and being aware of all the factors that affect the industries being served. The roundtable also served as an opportunity to catch up with colleagues virtually, which is always a pleasure,

especially during these challenging times when face-to-face meetings have become so rare. Sam Johnson, marketing manager, The Portfolio Group We believe it is extremely important for Portfolio Payroll to join discussions such as the Future of Payroll roundtable event as it keeps our knowledge and expertise of the industry relevant and up-to-date. This year, it was particularly insightful to learn how attitudes toward the use of technology are changing with payroll professionals being more amenable to the introduction of systems that provide automation of transactional tasks. The realisation that simplifying these processes allows for their time to be spent on understanding legislation, dealing with enquiries and even strategising for the future. There is, too, an appetite for learning about artificial intelligence (AI) and data analytics particularly about education. If

...payroll professionals being more amenable to the introduction of systems that provide automation of transactional tasks.

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| Professional in Payroll, Pensions and Reward |

Issue 65 | November 2020

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